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Revised U.S. GDP Reveals New Troubles

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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Real GDP growth last quarter was revised unexpectedly downward to an annualized rate of 2.0%.  As a consequence, GDP expanded only 1.5% over the latest reported four quarters, and at an even slower pace (1.2%) during the first three quarters of 2011.  3Q11 was the ninth quarter of the post-Great Recession recovery.  In that span, [...]

larrygreenberg @ November 22, 2011

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